Why is AYM Syntex falling/rising?

As of 13-Aug, AYM Syntex Ltd is experiencing a decline in its stock price, currently at Rs 198.25, which reflects a decrease of Rs 7.15 or 3.48%. The stock has underperformed its sector by 3.82% today and opened with a loss of 4.33%. It reached an intraday low of Rs 191, marking a significant drop of 7.01%. Over the past week, the stock has decreased by 3.60%, and it has shown a substantial decline of 13.80% over the last month. Despite a strong performance over the past year with a return of 50.25%, the company's profits have fallen by 62.1%, which raises concerns among investors. Additionally, the stock is trading below all key moving averages, indicating a bearish trend.
In the broader market context, the Sensex has remained relatively stable with a negligible change of -0.01% over the past week. While AYM Syntex has outperformed the market over the past year, its recent performance contrasts sharply with the benchmark. The company's weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 1.00, along with low profitability reflected in a Return on Equity of 2.44%, contributes to investor apprehension. Furthermore, the lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's valuation or business prospects. These factors collectively indicate that the stock's recent downward movement is driven by both internal financial challenges and a cautious market sentiment.